Cabinet approves telecom spectrum auctions at base price of Rs 96,317.65 cr
Fri, Feb 9, 2024 3:10 PM

Cabinet approves telecom spectrum auctions at base price of Rs 96,317.65 cr

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The Union Cabinet approves auctions in 8 spectrum bands for mobile phone services with a base price of Rs 96,317.65 crore. Spectrum held by companies under insolvency will also be auctioned. Existing providers can use spectrum by paying interim prices. The cabinet also approves additional allocation for transport systems and sets up a committee to re-farm certain spectrum bands.

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